OIL DECLINE PERSISTS IN MOST COMMUNIST, FORMER COMMUNIST COUNTRIES

Oil production in Communist and former Communist nations continued its steep decline during first half 1992. Flow of about 12.525 million b/d compared with a revised figure of 13.777 million b/d during the same 1991 period. Daily production average fell to about the same level reached in 1976. The Commonwealth of Independent States along logged a larger decline than the entire former communist bloc. Further losses for the C.I.S. as well as for present and former communist nations as a group

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